CryptoSpecto

#HYPEOutperformsAgain Hyperliquid's HYPE token reached a record high of $59.30 on Thursday.
 
Over the past 24 hours, $33.5 million in short positions were liquidated, indicating a strong upward price movement.
 
The long/short ratio dropped to 0.89, and funding rates turned negative, showing that most traders were positioned against the rally.
 
Despite bearish sentiment, HYPE surged 16.5% in the last 24 hours, making it a standout performer in the crypto market.
 
Hyperliquid generated more than $896 million in revenue over the past 12 months.
 
97% of trading fees were used for HYPE buyback